There were 26 electricity procurement contracts announced in the Asia-Pacific region in December 2021, marking a rise of 4% over the last 12-month average of 25, according to GlobalData’s power industry contracts database.

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Power Plant stood at first place when compared with other power tender categories in the Asia-Pacific region in December 2021 with 62 contracts and a 46.3% share, followed by Electricity Procurement with 26 contracts and a 19.4% share and Generation Equipment with 19 contracts and a 14.2% share during the month.

The proportion of contracts by category tracked by GlobalData in the month was as follows:

  1. Power Purchase Agreement: 25 contracts and a 96.2% share
  2. Electricity Supply: one contract and a 3.8% share.

Solar is top technology for Asia-Pacific electricity procurement contracts in December 2021

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Looking at electricity procurement contracts by the type of technology in the Asia-Pacific region, solar accounted for 24 contracts with an 88.9% share, followed by wind with three contracts and an 11.1% share.

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Asia-Pacific electricity procurement contracts in December 2021: Top companies by capacity

The top issuers of electricity procurement contracts for the month in terms of power capacity involved in Asia-Pacific were:

  1. Solar Energy Corporation of India (India): 7,000MW from two contracts
  2. Taiwan Semiconductor Manufacturing (Taiwan): 1,200MW from one contract
  3. Stanwell (Australia): 600MW capacity from one contract.

Asia-Pacific electricity procurement contracts in December 2021: Top winners by capacity

The top winners of contracts for the month in terms of power capacity involved in Asia-Pacific were:

  1. Adani Green Energy (India): 4,667MW from one contract
  2. Azure Power (India): 2,333MW from one contract
  3. Wpd (Germany): 1,200MW capacity from one contract.

All publicly-announced contracts are included in this analysis drawn from GlobalData’s Power database, which covers power plants, T&D projects, equipment markets, analysis reports, capacity and generation, and tracks tenders and contracts on a real-time basis.

More in-depth reports and analysis on all reported contracts are available for subscribers to GlobalData’s Power database.